NW Corner Moreno Beach Blvd & Cottonwood Ave, Moreno Valley, CA 92553 - vacant land property

Detailed information about vacant land property which situated in Moreno Valley (92553) city, California state on NW Corner Moreno Beach Blvd & Cottonwood Ave.
The property is located a little over 1 mile south of the 60 Freeway at the NW corner of Moreno Beach Blvd and Cottonwood Ave. Between the property and the 60 Freeway but separated by hilly area is a large shopping center anchored by a WalMart Store on the west side of Moreno Beach Blvd and a new car Auto Mall on the east side. A couple of miles to the east is the new Sketcher's Distribution Center which is a 1.8 million sq.ft. warehouse just newly constructed. The area is growing rapidly and the subject property is positioned to benefit from all that growth.

Additional Information: Great location for a residential development of 24 homes on sloping land with rocky hill framing the background. All utulities in place to site, shovel ready.Area is home to several single family developments consisting of younger families with homes priced in the mid to high $200's. Moreno Valley is the 2nd most populous city in Riverside County and is expected to grow from a population today of 193,365 to 232,034 by 2015. That means those 38,669 people at an average 3.71 per household will need 10, 423 new homes over the next four years.